Press Kogyo Co., Ltd.

Company Profile

■URL

https://www.presskogyo.co.jp/en/

■Address

1-1-1 Shiohama, Kawasaki-ku, Kawasaki-shi, Kanagawa Pref., 210-8512 Japan

Business Overview

-Mainly manufactures and sells automotive components (frames, axle housings, panels, etc.), finished vehicles, automotive stamping dies and assembly devices, and construction machinery components.

-The Company conducts its business in two operating segments: the Automobile-Related Business; and the Construction Machinery Business.

Financial Highlights

-The Company’s financial results for the fiscal year that ended in March 2024 are as follows.
Consolidated sales: JPY 197,817 million (7.0% increase year-over-year)
Operating income: JPY 12,807 million (2.3% decrease year-over-year)
Ordinary income: JPY 13,461 million (1.8% decrease year-over-year)
Current net profit attributable to the parent-company’s shareholders: JPY 8,078 million (18.9% increase year-over-year).

Shareholders

‐Listed on the Prime Market of the Tokyo Stock Exchange

(As of Mar. 31, 2024)

Name or Company Name	Investment Ratio (%)
The Master Trust Bank of Japan, Ltd. (Trust account)	11.35
Isuzu Motors Ltd.	10.01
Custody Bank of Japan, Ltd. (Trust Account)	6.01
Nippon Steel Trading Corporation	4.95
Marubeni-Itochu Steel Inc.	3.25
STATE STREET BANK AND TRUST COMPANY 505227	2.65
Press Kogyo Customer share holding commission	2.49
Press Kogyo Employee Stock Ownership Plan	2.48
Individual shareholder	2.22
SUMITOMO LIFE INSURANCE COMPANY	2.17
Total	47.58

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Products

Chassis frames
-Rivet type frames for heavy-duty trucks
-Rivet type frames for medium-duty trucks
-Rivet type frames for light trucks
-Weld type frames for pickup trucks
-Weld Frame for SUV

Axle modules
Drive Axles
-Rear-front drive axles for heavy-duty trucks
-Rear-rear drive axles for heavy-duty trucks
-Rear drive axles for medium and heavy-duty trucks
-Rear dead axles for heavy-duty trucks

Axle case
-Rear-front axle cases for heavy-duty trucks
-Rear-rear axle cases for heavy-duty trucks
-Rear axle cases for heavy-duty trucks
-Rear dead axles cases for heavy-duty trucks
-Front axle cases for light and medium-duty trucks
-Rear axle cases for light and medium-duty trucks
-Rear axle cases for pickup trucks and SUVs

Axle tube
-Axle tubes for pickup trucks/SUVs

Under-run protectors
-Front Under-run Protector
-Rear Under-run Protector

Plastic Parts
-Engine sound insulation covers (acoustic shield)

Cab rear covers
Side covers
Transmission covers
Under covers

-Other Plastic Parts

Air cleaner brackets
Urea water tank brackets
Battery trays
Front tire splash
Rear steps

Other automotive parts
-Front bumpers
-Axle shafts; after machining
-ABS sensor rings
-Instrument panel cores
-Cowl top panels
-Front pillar inner
-Door impact beams
-Ladder frames

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History

Feb. 1925	Established "Press Works," a limited partnership, in Ohi, Shinagawa-ku, Tokyo. Started stamping of train components and construction materials.
May 1929	Started production of frames. Entered into automotive components segment.
Jun. 1933	Started production of rear axle housing.
Jun. 1934	Incorporated the company and renamed it "Press Kogyo Co., Ltd" with capital of 0.5 million yen.
Dec. 1937	Moved headquarters and plant to Kawasaki.
Apr. 1939	Opened Press Kogyo School for Youth (renamed Press Technical College in 1970).
Jan. 1953	Succeeded in producing Japan's first stamped large-sized rear axle housing.
Feb. 1954	Went public on the Tokyo over-the-counter market (50 million yen capital).
Aug. 1961	Listed on the first section of the Tokyo Stock Exchange (800 million capital).
Oct. 1961	Listed on the first section of the Osaka Stock Exchange (800 million capital).
Jul. 1988	Established a joint venture, PK USA, Inc. (currently a consolidated subsidiary) in the USA..
Dec. 1995	Invested in Thai Summit PKK Co., Ltd.
Mar. 1997	Started PDI service for General Motors Japan's Saturn.
Mar. 1997	Invested in Thai Summit PKK Bangna Co., Ltd.
Apr. 1997	Invested in and established Blue River Stamping, Inc. as a subsidiary to PK USA, Inc.
Aug. 1999	Moved functions of the Tochigi Works to the Utsunomiya Plant
Aug. 2001	Invested in Bankin Kogyo (currently an affiliate).
Mar. 2002	Invested in Thai Summit PKK Engineering Co., Ltd.
Jul. 2004	Established a joint venture, PM Cabin Manufacturing Co., Ltd. , a consolidated subsidiary
Jul. 2004	Established Metal Techno, a consolidated subsidiary.
Feb. 2005	Increased share capital through a public offer of new shares at market value. This amounted to 3,624 million yen.
Mar. 2005	Increased capital under a third-party allocation of new shares amounting to 543.6 million yen.
Apr. 2005	Merged temporality with Press Kogyo Saitama Mfg. Co. Ltd., located in Kawagoe-shi, Saitama; which started its operations as the Saitama plant.
Sep. 2005	Established Press Kogyo Co., Ltd. in Thailand.
Nov. 2005	Established PK-UD Axle Co., Ltd., a joint-venture in Hangzhou in China, which is currently an unconsolidated subsidiary.
Dec. 2005	Thai Sumit PKK Co., Ltd. acquired Siam Auto Manufacturing.
Jun. 2006	Obtained additional shares in Thai Summit PKK Co., Ltd.; Thai Summit PKK Bangna Co., Ltd.; Thai Summit Engineering PKK Co., Ltd.; and Siam Auto Manufacturing Co., Ltd., making them its consolidated subsidiaries.
Dec. 2006	PP Press & Platgruppen AB was reorganized into Press & Plat N.V., and Press & Plat Industri AB.
May 2007	Acquired additional shares of Press & Plat N.V. and Press & Plat Industri AB, making them consolidated subsidiaries.
Nov. 2008	Established a joint-venture company, Thai Summit PK Corporation Ltd. in Thailand with the aim of integrating all of its existing joint-venture units in Thailand in the future. This joint venture is now a consolidated subsidiary.
Jan. 2010	Established Ocean Stream (Thailand) Co., Ltd. in Thailand.
Oct. 2010	Established PK Manufacturing (Suzhou) Co., Ltd. in Suzhou, China.
Aug. 2011	Established PT.PK Manufacturing Indonesia.
Feb. 2012	Established Press Kogyo Mini Cabin (Suzhou) Co.,, Ltd. in Suzhou, China.
Apr. 2022	Moved from the First Section of the Tokyo Stock Exchange to the Prime Market in line with TSE’s reorganization in April 2022.